Based in L.A.'s Venice neighborhood, Promise raised a seed round of funding from Peter Chernin's North Road Co. studio and Andrew Chen of venture-capital firm Andreessen Horowitz (a16z).

US venture capital firm Andreessen Horowitz is reportedly in discussions to invest in Chinese social media app TikTok as part of a buyout plan aimed at separating the platform from its Chinese ...

Venture capital firm Andreessen Horowitz is looking to raise about $20 billion — which would be the largest fund in its history — to take advantage of global investors' interest in supporting ...